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20121222
20121230
Search Results 0 to 4 of about 5 (some duplicates have been removed)
senator chuck kagel and make it to the pentagon? >> the house did not take up the tax measure today because it did on have sufficient support from our members to pass. house speaker john boehner's statement thursday evening as he stood in print of the republican conference, he recited the serenity prayer. god, grant me the serenity to accept the things which i cannot change and close the house for business until after christmas. there is no place like an empty house for the holidays. thus diane john boehner's plan b, which was destined to die anyway. >> let me be clear. speaker boehner's plans are nonstarters in the senate. >> boehner appeared friday morning and said, if this thing were easy, it would have been done decades ago. >> i am interested in solving the major problems that face our country. that means house leaders, senate leaders, and the president, are going to have to continue to work together to address those concerns. >> the president lifted his number to 400,000, no tax hikes for anyone making less than that, boehner says the million, still no deal. what happened out
the impact on the military overall will be, quote, very serious. >> the pentagon and the departments are already in financial trouble, because there has already been a $480 billion cut that is being applied right now as we speak. to take another cut on top of that is devastating. >> reporter: it's not just the military itself that will take a hit, also the defense industry, defense contractors, private companies that do work for the pentagon. one democratic congressman in northern virginia whose district maybe hit the hardest by all of this says it could mean layoffs. >> the large defense contractors will probably be okay, they have significant cash reserves, most of them. the smaller contractors would have trouble getting their lines of credit extended, trouble keeping their employees, if they can't be assured of continued employment. >> reporter: congressman moran says if we go over the cliff, which he thinks we will, then the impact and severity of the automatic defense spending cuts depend how long they are in place into the new year before congress finally fixes this fiscal clif
Search Results 0 to 4 of about 5 (some duplicates have been removed)